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    Economic Calendar

    Summary 5/12 – 5/16

    Monday, May 12, 2025

    GMT Ccy Events Consensus Previous
    23:50 JPY Bank Lending Y/Y Apr 2.80% 2.80%
    23:50 JPY Current Account (JPY) Mar 2.42T 2.32T
    23:50 JPY Trade Balance - BOP Basis Mar ¥712.9B
    05:00 JPY Eco Watchers Survey: Current Apr 44.5 45.1
    23:50 JPY BoJ Summary of Opinions
    23:50 JPY Money Supply M2+CD Y/Y Apr 0.60% 0.80%
    GMT Ccy Events
    23:50 JPY Bank Lending Y/Y Apr
        Forecast: 2.80% Previous: 2.80%
    23:50 JPY Current Account (JPY) Mar
        Forecast: 2.42T Previous: 2.32T
    23:50 JPY Trade Balance - BOP Basis Mar
        Forecast: Previous: ¥712.9B
    05:00 JPY Eco Watchers Survey: Current Apr
        Forecast: 44.5 Previous: 45.1
    23:50 JPY BoJ Summary of Opinions
        Forecast: Previous:
    23:50 JPY Money Supply M2+CD Y/Y Apr
        Forecast: 0.60% Previous: 0.80%

    Tuesday, May 13, 2025

    GMT Ccy Events Consensus Previous
    00:30 AUD Westpac Consumer Confidence May -6%
    01:30 AUD NAB Business Conditions Apr 4
    01:30 AUD NAB Business Confidence Apr -3
    06:00 GBP Claimant Count Change Apr 22.3K 18.7K
    06:00 GBP ILO Unemployment Rate (3M) Mar 4.50% 4.40%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar 5.20% 5.60%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar 5.90%
    09:00 EUR Germany ZEW Economic Sentiment May 9.8 -14
    09:00 EUR Germany ZEW Current Situation May -77 -81.2
    09:00 EUR Eurozone ZEW Economic Sentiment May -4.4 -18.5
    10:00 USD NFIB Business Optimism Index Apr 94.5 97.4
    12:30 USD CPI M/M Apr 0.30% -0.10%
    12:30 USD CPI Y/Y Apr 2.40% 2.40%
    12:30 USD CPI Core M/M Apr 0.30% 0.10%
    12:30 USD CPI Core Y/Y Apr 2.80%
    GMT Ccy Events
    00:30 AUD Westpac Consumer Confidence May
        Forecast: Previous: -6%
    01:30 AUD NAB Business Conditions Apr
        Forecast: Previous: 4
    01:30 AUD NAB Business Confidence Apr
        Forecast: Previous: -3
    06:00 GBP Claimant Count Change Apr
        Forecast: 22.3K Previous: 18.7K
    06:00 GBP ILO Unemployment Rate (3M) Mar
        Forecast: 4.50% Previous: 4.40%
    06:00 GBP Average Earnings Including Bonus 3M/Y Mar
        Forecast: 5.20% Previous: 5.60%
    06:00 GBP Average Earnings Excluding Bonus 3M/Y Mar
        Forecast: Previous: 5.90%
    09:00 EUR Germany ZEW Economic Sentiment May
        Forecast: 9.8 Previous: -14
    09:00 EUR Germany ZEW Current Situation May
        Forecast: -77 Previous: -81.2
    09:00 EUR Eurozone ZEW Economic Sentiment May
        Forecast: -4.4 Previous: -18.5
    10:00 USD NFIB Business Optimism Index Apr
        Forecast: 94.5 Previous: 97.4
    12:30 USD CPI M/M Apr
        Forecast: 0.30% Previous: -0.10%
    12:30 USD CPI Y/Y Apr
        Forecast: 2.40% Previous: 2.40%
    12:30 USD CPI Core M/M Apr
        Forecast: 0.30% Previous: 0.10%
    12:30 USD CPI Core Y/Y Apr
        Forecast: Previous: 2.80%

    Wednesday, May 14, 2025

    GMT Ccy Events Consensus Previous
    23:50 JPY PPI Y/Y Apr 4.00% 4.20%
    01:30 AUD Wage Price Index Q/Q Q1 0.80% 0.70%
    06:00 EUR Germany CPI M/M Apr F 0.40% 0.40%
    06:00 EUR Germany CPI Y/Y Apr F 2.10% 2.10%
    12:30 CAD Building Permits M/M Mar 1.00% 2.90%
    14:30 USD Crude Oil Inventories -2.0M
    GMT Ccy Events
    23:50 JPY PPI Y/Y Apr
        Forecast: 4.00% Previous: 4.20%
    01:30 AUD Wage Price Index Q/Q Q1
        Forecast: 0.80% Previous: 0.70%
    06:00 EUR Germany CPI M/M Apr F
        Forecast: 0.40% Previous: 0.40%
    06:00 EUR Germany CPI Y/Y Apr F
        Forecast: 2.10% Previous: 2.10%
    12:30 CAD Building Permits M/M Mar
        Forecast: 1.00% Previous: 2.90%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: -2.0M

    Thursday, May 15, 2025

    GMT Ccy Events Consensus Previous
    01:00 AUD Consumer Inflation Expectations May 4.20%
    01:30 AUD Employment Change Apr 20.9K 32.2K
    01:30 AUD Unemployment Rate Apr 4.10% 4.10%
    06:00 JPY Machine Tool Orders Y/Y Apr 11.40%
    06:00 GBP GDP Q/Q Q1 P 0.60% 0.10%
    06:00 GBP GDP M/M Mar 0.00% 0.50%
    06:00 GBP Manufacturing Production M/M Mar -0.80% 2.20%
    06:00 GBP Manufacturing Production Y/Y Mar 0.30%
    06:00 GBP Industrial Production M/M Mar -0.60% 1.50%
    06:00 GBP Industrial Production Y/Y Mar 0.10%
    06:00 GBP Goods Trade Balance (GBP) Mar -19.7B -20.8B
    06:30 CHF Producer and Import Prices M/M Apr 0.20% 0.10%
    06:30 CHF Producer and Import Prices Y/Y Apr -0.10%
    09:00 EUR Eurozone GDP Q/Q Q1 P 0.40% 0.40%
    09:00 EUR Eurozone Employment Change Q/Q Q1 P 0.10% 0.10%
    09:00 EUR Eurozone Industrial Production M/M Mar 1.70% 1.10%
    12:15 CAD Housing Starts Apr 234K 214K
    12:30 CAD Manufacturing Sales M/M Mar -1.90% 0.20%
    12:30 CAD Wholesale Sales M/M Mar -0.30% 0.30%
    12:30 USD Initial Jobless Claims (May 9) 230K 228K
    12:30 USD Retail Sales M/M Apr 0.10% 1.50%
    12:30 USD Retail Sales ex Autos M/M Apr 0.30% 0.50%
    12:30 USD PPI M/M Apr 0.20% -0.40%
    12:30 USD PPI Y/Y Apr 2.70%
    12:30 USD PPI Core M/M Apr 0.30% -0.10%
    12:30 USD PPI Core Y/Y Apr 3.30%
    12:30 USD Empire State Manufacturing May -7.1 -8.1
    12:30 USD Philadelphia Fed Survey May -8.5 -26.4
    13:15 USD Industrial Production M/M Apr 0.10% -0.30%
    13:15 USD Capacity Utilization Apr 77.80% 77.80%
    14:00 USD Business Inventories Mar 0.20% 0.20%
    14:00 USD NAHB Housing Market Index May 41 40
    14:30 USD Natural Gas Storage 104B
    22:30 NZD Business NZ PMI Apr 53.2
    23:50 JPY GDP Q/Q Q1 P -0.10% 0.70%
    23:50 JPY GDP Deflator Y/Y Q1 P 3.20% 2.90%
    GMT Ccy Events
    01:00 AUD Consumer Inflation Expectations May
        Forecast: Previous: 4.20%
    01:30 AUD Employment Change Apr
        Forecast: 20.9K Previous: 32.2K
    01:30 AUD Unemployment Rate Apr
        Forecast: 4.10% Previous: 4.10%
    06:00 JPY Machine Tool Orders Y/Y Apr
        Forecast: Previous: 11.40%
    06:00 GBP GDP Q/Q Q1 P
        Forecast: 0.60% Previous: 0.10%
    06:00 GBP GDP M/M Mar
        Forecast: 0.00% Previous: 0.50%
    06:00 GBP Manufacturing Production M/M Mar
        Forecast: -0.80% Previous: 2.20%
    06:00 GBP Manufacturing Production Y/Y Mar
        Forecast: Previous: 0.30%
    06:00 GBP Industrial Production M/M Mar
        Forecast: -0.60% Previous: 1.50%
    06:00 GBP Industrial Production Y/Y Mar
        Forecast: Previous: 0.10%
    06:00 GBP Goods Trade Balance (GBP) Mar
        Forecast: -19.7B Previous: -20.8B
    06:30 CHF Producer and Import Prices M/M Apr
        Forecast: 0.20% Previous: 0.10%
    06:30 CHF Producer and Import Prices Y/Y Apr
        Forecast: Previous: -0.10%
    09:00 EUR Eurozone GDP Q/Q Q1 P
        Forecast: 0.40% Previous: 0.40%
    09:00 EUR Eurozone Employment Change Q/Q Q1 P
        Forecast: 0.10% Previous: 0.10%
    09:00 EUR Eurozone Industrial Production M/M Mar
        Forecast: 1.70% Previous: 1.10%
    12:15 CAD Housing Starts Apr
        Forecast: 234K Previous: 214K
    12:30 CAD Manufacturing Sales M/M Mar
        Forecast: -1.90% Previous: 0.20%
    12:30 CAD Wholesale Sales M/M Mar
        Forecast: -0.30% Previous: 0.30%
    12:30 USD Initial Jobless Claims (May 9)
        Forecast: 230K Previous: 228K
    12:30 USD Retail Sales M/M Apr
        Forecast: 0.10% Previous: 1.50%
    12:30 USD Retail Sales ex Autos M/M Apr
        Forecast: 0.30% Previous: 0.50%
    12:30 USD PPI M/M Apr
        Forecast: 0.20% Previous: -0.40%
    12:30 USD PPI Y/Y Apr
        Forecast: Previous: 2.70%
    12:30 USD PPI Core M/M Apr
        Forecast: 0.30% Previous: -0.10%
    12:30 USD PPI Core Y/Y Apr
        Forecast: Previous: 3.30%
    12:30 USD Empire State Manufacturing May
        Forecast: -7.1 Previous: -8.1
    12:30 USD Philadelphia Fed Survey May
        Forecast: -8.5 Previous: -26.4
    13:15 USD Industrial Production M/M Apr
        Forecast: 0.10% Previous: -0.30%
    13:15 USD Capacity Utilization Apr
        Forecast: 77.80% Previous: 77.80%
    14:00 USD Business Inventories Mar
        Forecast: 0.20% Previous: 0.20%
    14:00 USD NAHB Housing Market Index May
        Forecast: 41 Previous: 40
    14:30 USD Natural Gas Storage
        Forecast: Previous: 104B
    22:30 NZD Business NZ PMI Apr
        Forecast: Previous: 53.2
    23:50 JPY GDP Q/Q Q1 P
        Forecast: -0.10% Previous: 0.70%
    23:50 JPY GDP Deflator Y/Y Q1 P
        Forecast: 3.20% Previous: 2.90%

    Friday, May 16, 2025

    GMT Ccy Events Consensus Previous
    03:00 NZD RBNZ Inflation Expectations Q2 2.06%
    04:30 JPY Industrial Production M/M Mar -1.10% -1.10%
    09:00 EUR Eurozone Trade Balance (EUR) Mar 17.5B 21.0B
    12:30 USD Housing Starts Apr 1.37M 1.32M
    12:30 USD Building Permits Apr 1.45M 1.48M
    12:30 USD Import Price Index M/M Apr -0.40% -0.10%
    14:00 USD UoM Consumer Sentiment May P 53 52.2
    14:00 USD UoM Inflation Expectations May P 6.50%
    GMT Ccy Events
    03:00 NZD RBNZ Inflation Expectations Q2
        Forecast: Previous: 2.06%
    04:30 JPY Industrial Production M/M Mar
        Forecast: -1.10% Previous: -1.10%
    09:00 EUR Eurozone Trade Balance (EUR) Mar
        Forecast: 17.5B Previous: 21.0B
    12:30 USD Housing Starts Apr
        Forecast: 1.37M Previous: 1.32M
    12:30 USD Building Permits Apr
        Forecast: 1.45M Previous: 1.48M
    12:30 USD Import Price Index M/M Apr
        Forecast: -0.40% Previous: -0.10%
    14:00 USD UoM Consumer Sentiment May P
        Forecast: 53 Previous: 52.2
    14:00 USD UoM Inflation Expectations May P
        Forecast: Previous: 6.50%

    Eco Data 5/9/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:30 JPY Labor Cash Earnings Y/Y Mar 2.10% 2.40% 2.70%
    23:30 JPY Household Spending Y/Y Mar 2.10% 0.20% -0.50%
    03:00 CNY Trade Balance (USD) Apr 96.2B 94.3B 102.6B
    05:00 JPY Leading Economic Index Mar P 107.7 107.4 107.9
    12:30 CAD Net Change in Employment Apr 7.4K 4.1K -32.6K
    12:30 CAD Unemployment Rate Apr 6.90% 6.80% 6.70%
    GMT Ccy Events
    23:30 JPY Labor Cash Earnings Y/Y Mar
        Actual: 2.10% Forecast: 2.40%
        Previous: 2.70% Revised:
    23:30 JPY Household Spending Y/Y Mar
        Actual: 2.10% Forecast: 0.20%
        Previous: -0.50% Revised:
    03:00 CNY Trade Balance (USD) Apr
        Actual: 96.2B Forecast: 94.3B
        Previous: 102.6B Revised:
    05:00 JPY Leading Economic Index Mar P
        Actual: 107.7 Forecast: 107.4
        Previous: 107.9 Revised:
    12:30 CAD Net Change in Employment Apr
        Actual: 7.4K Forecast: 4.1K
        Previous: -32.6K Revised:
    12:30 CAD Unemployment Rate Apr
        Actual: 6.90% Forecast: 6.80%
        Previous: 6.70% Revised:

    Eco Data 5/8/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:01 GBP RICS Housing Price Balance Apr -3% -4% 2%
    23:50 JPY BoJ Minutes
    06:00 EUR Germany Industrial Production M/M Feb 3.00% 0.80% -1.30%
    06:00 EUR Germany Trade Balance (EUR) Mar 21.1B 18.8B 17.7B
    11:00 GBP BoE Interest Rate Decision 4.25% 4.25% 4.50%
    11:00 GBP MPC Official Bank Rate Votes 2--5--2 0--9--0 0--1--8
    12:30 USD Initial Jobless Claims (May 2) 228K 235K 241K
    12:30 USD Nonfarm Productivity Q1 P -0.80% -0.40% 1.50%
    12:30 USD Unit Labor Costs Q1 P 5.70% 5.30% 2.20%
    14:00 USD Wholesale Inventories Mar F 0.40% 0.50% 0.50%
    14:30 USD Natural Gas Storage 104B 103B 107B
    GMT Ccy Events
    23:01 GBP RICS Housing Price Balance Apr
        Actual: -3% Forecast: -4%
        Previous: 2% Revised:
    23:50 JPY BoJ Minutes
        Actual: Forecast:
        Previous: Revised:
    06:00 EUR Germany Industrial Production M/M Feb
        Actual: 3.00% Forecast: 0.80%
        Previous: -1.30% Revised:
    06:00 EUR Germany Trade Balance (EUR) Mar
        Actual: 21.1B Forecast: 18.8B
        Previous: 17.7B Revised:
    11:00 GBP BoE Interest Rate Decision
        Actual: 4.25% Forecast: 4.25%
        Previous: 4.50% Revised:
    11:00 GBP MPC Official Bank Rate Votes
        Actual: 2--5--2 Forecast: 0--9--0
        Previous: 0--1--8 Revised:
    12:30 USD Initial Jobless Claims (May 2)
        Actual: 228K Forecast: 235K
        Previous: 241K Revised:
    12:30 USD Nonfarm Productivity Q1 P
        Actual: -0.80% Forecast: -0.40%
        Previous: 1.50% Revised:
    12:30 USD Unit Labor Costs Q1 P
        Actual: 5.70% Forecast: 5.30%
        Previous: 2.20% Revised:
    14:00 USD Wholesale Inventories Mar F
        Actual: 0.40% Forecast: 0.50%
        Previous: 0.50% Revised:
    14:30 USD Natural Gas Storage
        Actual: 104B Forecast: 103B
        Previous: 107B Revised:

    Eco Data 5/7/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:45 NZD Employment Change Q1 0.10% 0.10% -0.10% -0.20%
    22:45 NZD Unemployment Rate Q1 5.10% 5.30% 5.10%
    22:45 NZD Labour Cost Index Q/Q Q1 0.40% 0.50% 0.60%
    00:30 JPY Services PMI Apr F 52.4 52.2 50
    06:00 EUR Germany Factory Orders M/M Mar 3.60% 1.10% 0.00%
    07:00 CHF Foreign Currency Reserves (CHF) Apr 703B 726B
    08:30 GBP Construction PMI Apr 46.6 46 46.4
    09:00 EUR Eurozone Retail Sales M/M Mar -0.10% -0.10% 0.30% 0.20%
    14:30 USD Crude Oil Inventories -2.0M -1.7M -2.7M
    18:00 USD Fed Interest Rate Decision 4.50% 4.50% 4.50%
    18:30 USD FOMC Press Conference
    GMT Ccy Events
    22:45 NZD Employment Change Q1
        Actual: 0.10% Forecast: 0.10%
        Previous: -0.10% Revised: -0.20%
    22:45 NZD Unemployment Rate Q1
        Actual: 5.10% Forecast: 5.30%
        Previous: 5.10% Revised:
    22:45 NZD Labour Cost Index Q/Q Q1
        Actual: 0.40% Forecast: 0.50%
        Previous: 0.60% Revised:
    00:30 JPY Services PMI Apr F
        Actual: 52.4 Forecast: 52.2
        Previous: 50 Revised:
    06:00 EUR Germany Factory Orders M/M Mar
        Actual: 3.60% Forecast: 1.10%
        Previous: 0.00% Revised:
    07:00 CHF Foreign Currency Reserves (CHF) Apr
        Actual: 703B Forecast:
        Previous: 726B Revised:
    08:30 GBP Construction PMI Apr
        Actual: 46.6 Forecast: 46
        Previous: 46.4 Revised:
    09:00 EUR Eurozone Retail Sales M/M Mar
        Actual: -0.10% Forecast: -0.10%
        Previous: 0.30% Revised: 0.20%
    14:30 USD Crude Oil Inventories
        Actual: -2.0M Forecast: -1.7M
        Previous: -2.7M Revised:
    18:00 USD Fed Interest Rate Decision
        Actual: 4.50% Forecast: 4.50%
        Previous: 4.50% Revised:
    18:30 USD FOMC Press Conference
        Actual: Forecast:
        Previous: Revised:

    Eco Data 5/6/25

    GMT Ccy Events Actual Consensus Previous Revised
    01:30 AUD Building Permits M/M Mar -8.80% -1.70% -0.30% -0.20%
    01:45 CNY Caixin Services PMI Apr 50.7 51.7 51.9
    06:45 EUR France Industrial Output M/M Mar 0.20% 0.40% 0.70% 1.00%
    07:50 EUR France Services PMI Apr F 47.3 46.8 46.8
    07:55 EUR Germany Services PMI Apr F 49 48.8 48.8
    08:00 EUR Eurozone Services PMI Apr F 50.1 49.7 49.7
    08:30 GBP Services PMI Apr F 49 48.9 48.9
    09:00 EUR Eurozone PPI M/M Mar -1.60% -1.60% 0.20%
    09:00 EUR Eurozone PPI Y/Y Mar 1.90% 2% 3%
    12:30 CAD Trade Balance (CAD) Mar -0.5B -1.7B -1.5B -1.4B
    12:30 USD Trade Balance (USD) Mar -140.5B -124.7B -122.7B -123.2B
    14:00 CAD Ivey PMI Apr 47.9 51.2 51.3
    GMT Ccy Events
    01:30 AUD Building Permits M/M Mar
        Actual: -8.80% Forecast: -1.70%
        Previous: -0.30% Revised: -0.20%
    01:45 CNY Caixin Services PMI Apr
        Actual: 50.7 Forecast: 51.7
        Previous: 51.9 Revised:
    06:45 EUR France Industrial Output M/M Mar
        Actual: 0.20% Forecast: 0.40%
        Previous: 0.70% Revised: 1.00%
    07:50 EUR France Services PMI Apr F
        Actual: 47.3 Forecast: 46.8
        Previous: 46.8 Revised:
    07:55 EUR Germany Services PMI Apr F
        Actual: 49 Forecast: 48.8
        Previous: 48.8 Revised:
    08:00 EUR Eurozone Services PMI Apr F
        Actual: 50.1 Forecast: 49.7
        Previous: 49.7 Revised:
    08:30 GBP Services PMI Apr F
        Actual: 49 Forecast: 48.9
        Previous: 48.9 Revised:
    09:00 EUR Eurozone PPI M/M Mar
        Actual: -1.60% Forecast: -1.60%
        Previous: 0.20% Revised:
    09:00 EUR Eurozone PPI Y/Y Mar
        Actual: 1.90% Forecast: 2%
        Previous: 3% Revised:
    12:30 CAD Trade Balance (CAD) Mar
        Actual: -0.5B Forecast: -1.7B
        Previous: -1.5B Revised: -1.4B
    12:30 USD Trade Balance (USD) Mar
        Actual: -140.5B Forecast: -124.7B
        Previous: -122.7B Revised: -123.2B
    14:00 CAD Ivey PMI Apr
        Actual: 47.9 Forecast: 51.2
        Previous: 51.3 Revised:

    Eco Data 5/5/25

    GMT Ccy Events Actual Consensus Previous Revised
    01:00 AUD TD-MI Inflation Gauge M/M Apr 0.60% 0.70%
    06:30 CHF CPI M/M Apr 0.00% 0.20% 0.00%
    06:30 CHF CPI Y/Y Apr 0.00% 0.30%
    08:30 EUR Eurozone Sentix Investor Confidence May -8.1 -14.9 -19.5
    13:45 USD Services PMI Apr F 50.8 51.4 51.4
    14:00 USD ISM Services PMI Apr 51.6 50.6 50.8
    GMT Ccy Events
    01:00 AUD TD-MI Inflation Gauge M/M Apr
        Actual: 0.60% Forecast:
        Previous: 0.70% Revised:
    06:30 CHF CPI M/M Apr
        Actual: 0.00% Forecast: 0.20%
        Previous: 0.00% Revised:
    06:30 CHF CPI Y/Y Apr
        Actual: 0.00% Forecast:
        Previous: 0.30% Revised:
    08:30 EUR Eurozone Sentix Investor Confidence May
        Actual: -8.1 Forecast: -14.9
        Previous: -19.5 Revised:
    13:45 USD Services PMI Apr F
        Actual: 50.8 Forecast: 51.4
        Previous: 51.4 Revised:
    14:00 USD ISM Services PMI Apr
        Actual: 51.6 Forecast: 50.6
        Previous: 50.8 Revised:

    Summary 5/5 – 5/9

    Monday, May 5, 2025

    GMT Ccy Events Consensus Previous
    01:00 AUD TD-MI Inflation Gauge M/M Apr 0.70%
    06:30 CHF CPI M/M Apr 0.20% 0.00%
    06:30 CHF CPI Y/Y Apr 0.30%
    08:30 EUR Eurozone Sentix Investor Confidence May -14.9 -19.5
    13:45 USD Services PMI Apr F 51.4 51.4
    14:00 USD ISM Services PMI Apr 50.6 50.8
    GMT Ccy Events
    01:00 AUD TD-MI Inflation Gauge M/M Apr
        Forecast: Previous: 0.70%
    06:30 CHF CPI M/M Apr
        Forecast: 0.20% Previous: 0.00%
    06:30 CHF CPI Y/Y Apr
        Forecast: Previous: 0.30%
    08:30 EUR Eurozone Sentix Investor Confidence May
        Forecast: -14.9 Previous: -19.5
    13:45 USD Services PMI Apr F
        Forecast: 51.4 Previous: 51.4
    14:00 USD ISM Services PMI Apr
        Forecast: 50.6 Previous: 50.8

    Tuesday, May 6, 2025

    GMT Ccy Events Consensus Previous
    01:30 AUD Building Permits M/M Mar -1.70% -0.30%
    01:45 CNY Caixin Services PMI Apr 51.7 51.9
    06:45 EUR France Industrial Output M/M Mar 0.40% 0.70%
    07:50 EUR France Services PMI Apr F 46.8 46.8
    07:55 EUR Germany Services PMI Apr F 48.8 48.8
    08:00 EUR Eurozone Services PMI Apr F 49.7 49.7
    08:30 GBP Services PMI Apr F 48.9 48.9
    09:00 EUR Eurozone PPI M/M Mar -1.10% 0.20%
    09:00 EUR Eurozone PPI Y/Y Mar 3%
    12:30 CAD Trade Balance (CAD) Mar -1.7B -1.5B
    12:30 USD Trade Balance (USD) Mar -124.7B -122.7B
    14:00 CAD Ivey PMI Apr 51.2 51.3
    22:45 NZD Employment Change Q1 0.10% -0.10%
    22:45 NZD Unemployment Rate Q1 5.30% 5.10%
    22:45 NZD Labour Cost Index Q/Q Q1 0.50% 0.60%
    GMT Ccy Events
    01:30 AUD Building Permits M/M Mar
        Forecast: -1.70% Previous: -0.30%
    01:45 CNY Caixin Services PMI Apr
        Forecast: 51.7 Previous: 51.9
    06:45 EUR France Industrial Output M/M Mar
        Forecast: 0.40% Previous: 0.70%
    07:50 EUR France Services PMI Apr F
        Forecast: 46.8 Previous: 46.8
    07:55 EUR Germany Services PMI Apr F
        Forecast: 48.8 Previous: 48.8
    08:00 EUR Eurozone Services PMI Apr F
        Forecast: 49.7 Previous: 49.7
    08:30 GBP Services PMI Apr F
        Forecast: 48.9 Previous: 48.9
    09:00 EUR Eurozone PPI M/M Mar
        Forecast: -1.10% Previous: 0.20%
    09:00 EUR Eurozone PPI Y/Y Mar
        Forecast: Previous: 3%
    12:30 CAD Trade Balance (CAD) Mar
        Forecast: -1.7B Previous: -1.5B
    12:30 USD Trade Balance (USD) Mar
        Forecast: -124.7B Previous: -122.7B
    14:00 CAD Ivey PMI Apr
        Forecast: 51.2 Previous: 51.3
    22:45 NZD Employment Change Q1
        Forecast: 0.10% Previous: -0.10%
    22:45 NZD Unemployment Rate Q1
        Forecast: 5.30% Previous: 5.10%
    22:45 NZD Labour Cost Index Q/Q Q1
        Forecast: 0.50% Previous: 0.60%

    Wednesday, May 7, 2025

    GMT Ccy Events Consensus Previous
    00:30 JPY Services PMI Apr F 50
    06:00 EUR Germany Factory Orders M/M Mar 1.10% 0.00%
    07:00 CHF Foreign Currency Reserves (CHF) Apr 726B
    08:30 GBP Construction PMI Apr 46 46.4
    09:00 EUR Eurozone Retail Sales M/M Mar -0.10% 0.30%
    14:30 USD Crude Oil Inventories -2.7M
    18:00 USD Fed Interest Rate Decision 4.50% 4.50%
    18:30 USD FOMC Press Conference
    23:01 GBP RICS Housing Price Balance Apr -4% 2%
    23:50 JPY BoJ Minutes
    GMT Ccy Events
    00:30 JPY Services PMI Apr F
        Forecast: Previous: 50
    06:00 EUR Germany Factory Orders M/M Mar
        Forecast: 1.10% Previous: 0.00%
    07:00 CHF Foreign Currency Reserves (CHF) Apr
        Forecast: Previous: 726B
    08:30 GBP Construction PMI Apr
        Forecast: 46 Previous: 46.4
    09:00 EUR Eurozone Retail Sales M/M Mar
        Forecast: -0.10% Previous: 0.30%
    14:30 USD Crude Oil Inventories
        Forecast: Previous: -2.7M
    18:00 USD Fed Interest Rate Decision
        Forecast: 4.50% Previous: 4.50%
    18:30 USD FOMC Press Conference
        Forecast: Previous:
    23:01 GBP RICS Housing Price Balance Apr
        Forecast: -4% Previous: 2%
    23:50 JPY BoJ Minutes
        Forecast: Previous:

    Thursday, May 8, 2025

    GMT Ccy Events Consensus Previous
    05:45 CHF Unemployment Rate M/M Apr 2.80%
    06:00 EUR Germany Industrial Production M/M Feb 0.80% -1.30%
    06:00 EUR Germany Trade Balance (EUR) Mar 18.8B 17.7B
    11:00 GBP BoE Interest Rate Decision 4.25% 4.50%
    11:00 GBP MPC Official Bank Rate Votes 0--9--0 0--1--8
    12:30 USD Initial Jobless Claims (May 2) 235K 241K
    12:30 USD Nonfarm Productivity Q1 P -0.40% 1.50%
    12:30 USD Unit Labor Costs Q1 P 5.30% 2.20%
    14:00 USD Wholesale Inventories Mar F 0.50% 0.50%
    14:30 USD Natural Gas Storage 107B
    23:30 JPY Labor Cash Earnings Y/Y Mar 2.60% 2.70%
    23:30 JPY Household Spending Y/Y Mar 0.20% -0.50%
    GMT Ccy Events
    05:45 CHF Unemployment Rate M/M Apr
        Forecast: Previous: 2.80%
    06:00 EUR Germany Industrial Production M/M Feb
        Forecast: 0.80% Previous: -1.30%
    06:00 EUR Germany Trade Balance (EUR) Mar
        Forecast: 18.8B Previous: 17.7B
    11:00 GBP BoE Interest Rate Decision
        Forecast: 4.25% Previous: 4.50%
    11:00 GBP MPC Official Bank Rate Votes
        Forecast: 0--9--0 Previous: 0--1--8
    12:30 USD Initial Jobless Claims (May 2)
        Forecast: 235K Previous: 241K
    12:30 USD Nonfarm Productivity Q1 P
        Forecast: -0.40% Previous: 1.50%
    12:30 USD Unit Labor Costs Q1 P
        Forecast: 5.30% Previous: 2.20%
    14:00 USD Wholesale Inventories Mar F
        Forecast: 0.50% Previous: 0.50%
    14:30 USD Natural Gas Storage
        Forecast: Previous: 107B
    23:30 JPY Labor Cash Earnings Y/Y Mar
        Forecast: 2.60% Previous: 2.70%
    23:30 JPY Household Spending Y/Y Mar
        Forecast: 0.20% Previous: -0.50%

    Friday, May 9, 2025

    GMT Ccy Events Consensus Previous
    03:00 CNY Trade Balance (USD) Apr 94.3B 102.6B
    05:00 JPY Leading Economic Index Mar P 107.4 107.9
    12:30 CAD Net Change in Employment Apr 24.5K -32.6K
    12:30 CAD Unemployment Rate Apr 6.70% 6.70%
    GMT Ccy Events
    03:00 CNY Trade Balance (USD) Apr
        Forecast: 94.3B Previous: 102.6B
    05:00 JPY Leading Economic Index Mar P
        Forecast: 107.4 Previous: 107.9
    12:30 CAD Net Change in Employment Apr
        Forecast: 24.5K Previous: -32.6K
    12:30 CAD Unemployment Rate Apr
        Forecast: 6.70% Previous: 6.70%

    Eco Data 5/2/25

    GMT Ccy Events Actual Consensus Previous Revised
    22:45 NZD Building Permits M/M Mar 9.60% 0.70% 0.80%
    23:50 JPY Monetary Base Y/Y Apr -4.80% -2.00% -3.10%
    23:30 JPY Unemployment Rate Mar 2.50% 2.40% 2.40%
    01:30 AUD Retail Sales M/M Mar 0.30% 0.40% 0.20% 0.80%
    01:30 AUD PPI Q/Q Q1 0.90% 0.80% 0.80%
    01:30 AUD PPI Y/Y Q1 3.70% 3.70%
    07:30 CHF Manufacturing PMI Apr 45.8 48.7 48.9
    07:50 EUR France Manufacturing PMI Apr F 48.7 48.2 48.2
    07:55 EUR Germany Manufacturing PMI Apr F 48.4 48 48
    08:00 EUR Eurozone Manufacturing PMI Apr F 49 48.7 48.7
    09:00 EUR ECB Economic Bulletin
    09:00 EUR Eurozone Unemployment Rate Mar 6.20% 6.10% 6.10%
    09:00 EUR Eurozone CPI Y/Y Apr P 2.20% 2.10% 2.20%
    09:00 EUR Eurozone CPI Core Y/Y Apr P 2.70% 2.50% 2.40%
    12:30 USD Nonfarm Payrolls Apr 177K 130K 228K 185K
    12:30 USD Unemployment Rate Apr 4.20% 4.20% 4.20%
    12:30 USD Average Hourly Earnings M/M Apr 0.20% 0.30% 0.30%
    14:00 USD Factory Orders M/M Mar 4.30% 4.20% 0.60%
    GMT Ccy Events
    22:45 NZD Building Permits M/M Mar
        Actual: 9.60% Forecast:
        Previous: 0.70% Revised: 0.80%
    23:50 JPY Monetary Base Y/Y Apr
        Actual: -4.80% Forecast: -2.00%
        Previous: -3.10% Revised:
    23:30 JPY Unemployment Rate Mar
        Actual: 2.50% Forecast: 2.40%
        Previous: 2.40% Revised:
    01:30 AUD Retail Sales M/M Mar
        Actual: 0.30% Forecast: 0.40%
        Previous: 0.20% Revised: 0.80%
    01:30 AUD PPI Q/Q Q1
        Actual: 0.90% Forecast: 0.80%
        Previous: 0.80% Revised:
    01:30 AUD PPI Y/Y Q1
        Actual: 3.70% Forecast:
        Previous: 3.70% Revised:
    07:30 CHF Manufacturing PMI Apr
        Actual: 45.8 Forecast: 48.7
        Previous: 48.9 Revised:
    07:50 EUR France Manufacturing PMI Apr F
        Actual: 48.7 Forecast: 48.2
        Previous: 48.2 Revised:
    07:55 EUR Germany Manufacturing PMI Apr F
        Actual: 48.4 Forecast: 48
        Previous: 48 Revised:
    08:00 EUR Eurozone Manufacturing PMI Apr F
        Actual: 49 Forecast: 48.7
        Previous: 48.7 Revised:
    09:00 EUR ECB Economic Bulletin
        Actual: Forecast:
        Previous: Revised:
    09:00 EUR Eurozone Unemployment Rate Mar
        Actual: 6.20% Forecast: 6.10%
        Previous: 6.10% Revised:
    09:00 EUR Eurozone CPI Y/Y Apr P
        Actual: 2.20% Forecast: 2.10%
        Previous: 2.20% Revised:
    09:00 EUR Eurozone CPI Core Y/Y Apr P
        Actual: 2.70% Forecast: 2.50%
        Previous: 2.40% Revised:
    12:30 USD Nonfarm Payrolls Apr
        Actual: 177K Forecast: 130K
        Previous: 228K Revised: 185K
    12:30 USD Unemployment Rate Apr
        Actual: 4.20% Forecast: 4.20%
        Previous: 4.20% Revised:
    12:30 USD Average Hourly Earnings M/M Apr
        Actual: 0.20% Forecast: 0.30%
        Previous: 0.30% Revised:
    14:00 USD Factory Orders M/M Mar
        Actual: 4.30% Forecast: 4.20%
        Previous: 0.60% Revised:

    Eco Data 5/1/25

    GMT Ccy Events Actual Consensus Previous Revised
    00:30 JPY Manufacturing PMI Apr F 48.7 48.5 48.5
    01:30 AUD Import Price Index Q/Q Q1 3.30% 0.30% 0.20%
    01:30 AUD Trade Balance (AUD) Mar 6.90B 3.10B 2.97B 2.85B
    03:03 JPY BoJ Interest Rate Decision 0.50% 0.50% 0.50%
    05:00 JPY Consumer Confidence Index Apr 31.2 34 34.1
    06:30 CHF Real Retail Sales Y/Y Mar 2.20% 1.90% 1.60% 1.20%
    08:30 GBP M4 Money Supply M/M Mar 0.30% 0.20% 0.20%
    08:30 GBP Mortgage Approvals Mar 64K 65K 65K
    08:30 GBP Manufacturing PMI Apr F 45.4 44 44
    11:30 USD Challenger Job Cuts Y/Y Apr 62.70% 204.80%
    12:30 USD Initial Jobless Claims (Apr 25) 241K 221K 222K 223K
    13:30 CAD Manufacturing PMI Apr 45.3 46.3
    13:45 USD Manufacturing PMI Apr F 50.2 50.7 50.7
    14:00 USD ISM Manufacturing PMI Apr 48.7 47.9 49
    14:00 USD ISM Manufacturing Prices Paid Apr 69.8 70.2 69.4
    14:00 USD ISM Manufacturing Employment Apr 46.5 44.7
    14:00 USD Construction Spending M/M Mar -0.50% 0.30% 0.70% 0.60%
    14:30 USD Natural Gas Storage 111B 88B
    GMT Ccy Events
    00:30 JPY Manufacturing PMI Apr F
        Actual: 48.7 Forecast: 48.5
        Previous: 48.5 Revised:
    01:30 AUD Import Price Index Q/Q Q1
        Actual: 3.30% Forecast: 0.30%
        Previous: 0.20% Revised:
    01:30 AUD Trade Balance (AUD) Mar
        Actual: 6.90B Forecast: 3.10B
        Previous: 2.97B Revised: 2.85B
    03:03 JPY BoJ Interest Rate Decision
        Actual: 0.50% Forecast: 0.50%
        Previous: 0.50% Revised:
    05:00 JPY Consumer Confidence Index Apr
        Actual: 31.2 Forecast: 34
        Previous: 34.1 Revised:
    06:30 CHF Real Retail Sales Y/Y Mar
        Actual: 2.20% Forecast: 1.90%
        Previous: 1.60% Revised: 1.20%
    08:30 GBP M4 Money Supply M/M Mar
        Actual: 0.30% Forecast: 0.20%
        Previous: 0.20% Revised:
    08:30 GBP Mortgage Approvals Mar
        Actual: 64K Forecast: 65K
        Previous: 65K Revised:
    08:30 GBP Manufacturing PMI Apr F
        Actual: 45.4 Forecast: 44
        Previous: 44 Revised:
    11:30 USD Challenger Job Cuts Y/Y Apr
        Actual: 62.70% Forecast:
        Previous: 204.80% Revised:
    12:30 USD Initial Jobless Claims (Apr 25)
        Actual: 241K Forecast: 221K
        Previous: 222K Revised: 223K
    13:30 CAD Manufacturing PMI Apr
        Actual: 45.3 Forecast:
        Previous: 46.3 Revised:
    13:45 USD Manufacturing PMI Apr F
        Actual: 50.2 Forecast: 50.7
        Previous: 50.7 Revised:
    14:00 USD ISM Manufacturing PMI Apr
        Actual: 48.7 Forecast: 47.9
        Previous: 49 Revised:
    14:00 USD ISM Manufacturing Prices Paid Apr
        Actual: 69.8 Forecast: 70.2
        Previous: 69.4 Revised:
    14:00 USD ISM Manufacturing Employment Apr
        Actual: 46.5 Forecast:
        Previous: 44.7 Revised:
    14:00 USD Construction Spending M/M Mar
        Actual: -0.50% Forecast: 0.30%
        Previous: 0.70% Revised: 0.60%
    14:30 USD Natural Gas Storage
        Actual: Forecast: 111B
        Previous: 88B Revised:

    Eco Data 4/30/25

    GMT Ccy Events Actual Consensus Previous Revised
    23:50 JPY Industrial Production M/M Mar P -1.10% -0.70% 2.30%
    23:50 JPY Retail Trade Y/Y Mar 3.10% 3.60% 1.40% 1.30%
    01:00 NZD ANZ Business Confidence Apr 49.3 57.5
    01:30 AUD Monthly CPI Y/Y Mar 2.40% 2.40%
    01:30 AUD CPI Q/Q Q1 0.90% 0.80% 0.20%
    01:30 AUD CPI Y/Y Q1 2.40% 2.20% 2.40%
    01:30 AUD RBA Trimmed Mean CPI Q/Q Q1 0.70% 0.60% 0.50%
    01:30 AUD RBA Trimmed Mean CPI Y/Y Q1 2.90% 2.90% 3.20% 3.30%
    01:30 CNY NBS Manufacturing PMI Apr 49 49.9 50.5
    01:30 CNY NBS Non-Manufacturing PMI Apr 50.4 50.7 50.8
    01:45 CNY Caixin Manufacturing PMI Apr 50.4 49.9 51.2
    05:00 JPY Housing Starts Y/Y Mar 39.10% 1.00% 2.40%
    05:30 EUR France GDP Q/Q Q1 P 0.10% 0.10% -0.10%
    06:00 EUR Germany Import Price Index M/M Mar -1.00% -0.70% 0.30%
    06:00 EUR Germany Retail Sales M/M Mar -0.20% -0.40% 0.80%
    07:00 CHF KOF Economic Barometer Apr 97.1 102 103.9
    07:55 EUR Germany Unemployment Change Mar 4K 15K 26K
    07:55 EUR Germany Unemployment Rate Mar 6.30% 6.30% 6.30%
    08:00 EUR Germany GDP Q/Q Q1 P 0.20% 0.20% -0.20%
    08:00 CHF UBS Economic Expectations Apr -51.6 -10.7
    09:00 EUR Eurozone GDP Q/Q Q1 P 0.40% 0.20% 0.20%
    12:00 EUR Germany CPI M/M Apr P 0.40% 0.30% 0.30%
    12:00 EUR Germany CPI Y/Y Apr P 2.10% 2.20%
    12:15 USD ADP Employment Change Apr 62K 130K 155K 147K
    12:30 CAD GDP M/M Feb -0.20% 0.00% 0.40%
    12:30 USD GDP Annualized Q1 P -0.30% 0.40% 2.40%
    12:30 USD GDP Price Index Q1 P 3.70% 3.10% 2.30%
    12:30 USD Employment Cost Index Q1 0.90% 0.90% 0.90%
    13:45 USD Chicago PMI Apr 44.6 45.9 47.6
    14:00 USD Personal Income M/M Mar 0.50% 0.40% 0.80% 0.70%
    14:00 USD Personal Spending Mar 0.70% 0.60% 0.40% 0.50%
    14:00 USD PCE Price Index M/M Mar 0.00% 0.00% 0.30% 0.40%
    14:00 USD PCE Price Index Y/Y Mar 2.30% 2.20% 2.50% 2.70%
    14:00 USD Core PCE Price Index M/M Mar 0.00% 0.10% 0.40% 0.50%
    14:00 USD Core PCE Price Index Y/Y Mar 2.60% 2.60% 2.80% 3.00%
    14:00 USD Pending Home Sales M/M Mar 6.10% -0.30% 2.00% 2.10%
    14:30 USD Crude Oil Inventories -2.7M -0.6M 0.2M
    GMT Ccy Events
    23:50 JPY Industrial Production M/M Mar P
        Actual: -1.10% Forecast: -0.70%
        Previous: 2.30% Revised:
    23:50 JPY Retail Trade Y/Y Mar
        Actual: 3.10% Forecast: 3.60%
        Previous: 1.40% Revised: 1.30%
    01:00 NZD ANZ Business Confidence Apr
        Actual: 49.3 Forecast:
        Previous: 57.5 Revised:
    01:30 AUD Monthly CPI Y/Y Mar
        Actual: 2.40% Forecast:
        Previous: 2.40% Revised:
    01:30 AUD CPI Q/Q Q1
        Actual: 0.90% Forecast: 0.80%
        Previous: 0.20% Revised:
    01:30 AUD CPI Y/Y Q1
        Actual: 2.40% Forecast: 2.20%
        Previous: 2.40% Revised:
    01:30 AUD RBA Trimmed Mean CPI Q/Q Q1
        Actual: 0.70% Forecast: 0.60%
        Previous: 0.50% Revised:
    01:30 AUD RBA Trimmed Mean CPI Y/Y Q1
        Actual: 2.90% Forecast: 2.90%
        Previous: 3.20% Revised: 3.30%
    01:30 CNY NBS Manufacturing PMI Apr
        Actual: 49 Forecast: 49.9
        Previous: 50.5 Revised:
    01:30 CNY NBS Non-Manufacturing PMI Apr
        Actual: 50.4 Forecast: 50.7
        Previous: 50.8 Revised:
    01:45 CNY Caixin Manufacturing PMI Apr
        Actual: 50.4 Forecast: 49.9
        Previous: 51.2 Revised:
    05:00 JPY Housing Starts Y/Y Mar
        Actual: 39.10% Forecast: 1.00%
        Previous: 2.40% Revised:
    05:30 EUR France GDP Q/Q Q1 P
        Actual: 0.10% Forecast: 0.10%
        Previous: -0.10% Revised:
    06:00 EUR Germany Import Price Index M/M Mar
        Actual: -1.00% Forecast: -0.70%
        Previous: 0.30% Revised:
    06:00 EUR Germany Retail Sales M/M Mar
        Actual: -0.20% Forecast: -0.40%
        Previous: 0.80% Revised:
    07:00 CHF KOF Economic Barometer Apr
        Actual: 97.1 Forecast: 102
        Previous: 103.9 Revised:
    07:55 EUR Germany Unemployment Change Mar
        Actual: 4K Forecast: 15K
        Previous: 26K Revised:
    07:55 EUR Germany Unemployment Rate Mar
        Actual: 6.30% Forecast: 6.30%
        Previous: 6.30% Revised:
    08:00 EUR Germany GDP Q/Q Q1 P
        Actual: 0.20% Forecast: 0.20%
        Previous: -0.20% Revised:
    08:00 CHF UBS Economic Expectations Apr
        Actual: -51.6 Forecast:
        Previous: -10.7 Revised:
    09:00 EUR Eurozone GDP Q/Q Q1 P
        Actual: 0.40% Forecast: 0.20%
        Previous: 0.20% Revised:
    12:00 EUR Germany CPI M/M Apr P
        Actual: 0.40% Forecast: 0.30%
        Previous: 0.30% Revised:
    12:00 EUR Germany CPI Y/Y Apr P
        Actual: 2.10% Forecast:
        Previous: 2.20% Revised:
    12:15 USD ADP Employment Change Apr
        Actual: 62K Forecast: 130K
        Previous: 155K Revised: 147K
    12:30 CAD GDP M/M Feb
        Actual: -0.20% Forecast: 0.00%
        Previous: 0.40% Revised:
    12:30 USD GDP Annualized Q1 P
        Actual: -0.30% Forecast: 0.40%
        Previous: 2.40% Revised:
    12:30 USD GDP Price Index Q1 P
        Actual: 3.70% Forecast: 3.10%
        Previous: 2.30% Revised:
    12:30 USD Employment Cost Index Q1
        Actual: 0.90% Forecast: 0.90%
        Previous: 0.90% Revised:
    13:45 USD Chicago PMI Apr
        Actual: 44.6 Forecast: 45.9
        Previous: 47.6 Revised:
    14:00 USD Personal Income M/M Mar
        Actual: 0.50% Forecast: 0.40%
        Previous: 0.80% Revised: 0.70%
    14:00 USD Personal Spending Mar
        Actual: 0.70% Forecast: 0.60%
        Previous: 0.40% Revised: 0.50%
    14:00 USD PCE Price Index M/M Mar
        Actual: 0.00% Forecast: 0.00%
        Previous: 0.30% Revised: 0.40%
    14:00 USD PCE Price Index Y/Y Mar
        Actual: 2.30% Forecast: 2.20%
        Previous: 2.50% Revised: 2.70%
    14:00 USD Core PCE Price Index M/M Mar
        Actual: 0.00% Forecast: 0.10%
        Previous: 0.40% Revised: 0.50%
    14:00 USD Core PCE Price Index Y/Y Mar
        Actual: 2.60% Forecast: 2.60%
        Previous: 2.80% Revised: 3.00%
    14:00 USD Pending Home Sales M/M Mar
        Actual: 6.10% Forecast: -0.30%
        Previous: 2.00% Revised: 2.10%
    14:30 USD Crude Oil Inventories
        Actual: -2.7M Forecast: -0.6M
        Previous: 0.2M Revised:
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